AsemconnectVietnam - According to Kinhtedothi, pepper prices today (February 12, 2025) range between 160,500 - 164,000 VND/kg. The harvest season progresses very slowly due to labor shortages and climate change. Many farmers and dealers expect pepper prices to keep rising, with some even selling coffee and durian to stockpile pepper.

Domestic Pepper Prices (VND/kg):
• Dak Lak Province: 164,000 VND/kg (+4,000 VND/kg)
• Dak Nong Province: 163,000 VND/kg (+3,000 VND/kg)
• Gia Lai Province: 162,000 VND/kg (+4,500 VND/kg)
• Dong Nai Province: 160,500 VND/kg (+4,000 VND/kg)
• Ba Ria - Vung Tau Province: 161,000 VND/kg (+3,000 VND/kg)
• Binh Phuoc Province: 162,000 VND/kg (+4,000 VND/kg)
Pepper prices increased by 3,000 - 4,500 VND/kg across different regions compared to the same time yesterday morning. Dak Lak saw the highest increase of 4,000 VND/kg, bringing prices to 164,000 VND/kg—the highest in the market.
International Pepper Prices:
At the close of the latest trading session, the International Pepper Community (IPC) listed:
• Black Pepper Prices:
o Lampung (Indonesia): 7,251 USD/ton (-0.19%)
o Brazil ASTA 570: 6,700 USD/ton
o Kuching (Malaysia) ASTA: 9,000 USD/ton
• White Pepper Prices:
o Muntok: 10,010 USD/ton (-0.18%)
o Malaysia ASTA: 11,600 USD/ton
• Vietnamese Pepper Prices:
o Black Pepper (500 g/l): 6,500 USD/ton
o Black Pepper (550 g/l): 6,650 USD/ton
o White Pepper: 9,550 USD/ton
The IPC noted mixed reactions in the first week of February, with only Malaysia’s domestic white pepper price declining.
Market Trends & Analysis:
• Despite the Indian Rupee depreciating by 1% against the USD (87.25 INR/USD), India’s domestic and international pepper prices have risen for the past three weeks.
• Sri Lanka’s domestic pepper prices continue to rise since the beginning of the year, coinciding with the country’s 77th Independence Day celebrations.
• Indonesia’s domestic and export pepper prices increased last week due to low reported stock levels in the market.
• Brazil’s black pepper prices also rose last week.
• Cambodia’s black pepper and China’s white pepper prices remain stable, as the Chinese market is still slow after the Lunar New Year holiday.
Market Outlook:
The latest Ptexim report states that demand from China for Indian pepper remains strong. Other major markets, including the US and the EU, are also purchasing black pepper through both long-term and immediate orders.
The harvest season is progressing slowly due to labor shortages and climate change. Many farmers and dealers anticipate further price increases, with some selling coffee and durian to buy and stockpile pepper in anticipation of higher prices in 2025.
T.Huong
Source: Vitic/Kinhtedothi